The Better Mortgage Market Report

Decatur, GA

Single-Family Homes

Schedule a conversation: hello@better.com 415-481-4933



Decatur, GA

Thu Jan 17 2019
This week the median list price for Decatur, GA is $249,900 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 516. Click here to stay informed with the Decatur market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Decatur, GA

Thu Jan 17 2019
This week the median list price for Decatur, GA is $249,900 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 516. Click here to stay informed with the Decatur market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Decatur market.
Median List Price $249,900
Per Square Foot $164
Days on Market 88
Price Decreased 44%
Price Increased 5%
Relisted 26%
Inventory 516
Median House Rent $1,250
Most Expensive $1,599,000
Least Expensive $69,999
Market Action Index
Slight Seller's Advantage
37

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$549,000 2,683 0.25 - 0.5 acre 3 3 46 14 11 94
$295,000 1,618 0.25 - 0.5 acre 3 2 64 24 9 83
$219,900 1,496 0.25 - 0.5 acre 3 2 63 13 7 93
$149,900 1,581 0.25 - 0.5 acre 3 2 54 28 17 81